The Commercial Loan Processor calculates and processes payoffs, and releases titles and insurance interest. Processes loan payments and applies funds to customer accounts. Being a Commercial Loan Processor responds to customer inquiries and requests for net payoff quotes. Calculates and prepares refunds for customers that submit overpayments. In addition, Commercial Loan Processor may require an associate's degree or its equivalent. Typically reports to a supervisor or manager. Being a Commercial Loan Processor gains or has attained full proficiency in a specific area of discipline. Works under moderate supervision. Working as a Commercial Loan Processor typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)
Description
Develop and manage loan accounts that meet established lending requirements and provide maximum profitability to the Bank at minimum risk.
Statement of Expectations:
Community Bank expects all employees to comply with the responsibilities of their assigned position to the highest degree of performance by:
Requirements
o Interviewing customers seeking loans;
o Collecting and analyzing financial and related data to determine general creditworthiness;
o Rejecting or approving loans and terms within officers’ limits and established Bank policies;
o Monitoring loan repayment activities and taking necessary action to collect from past-due accounts; and
o Handling consumer/installment loans as needed.
Proficiencies
Education and Experience
• Bachelor’s degree in Business Administration or equivalent education/experience.
• Four (4) to five (5) years of lending experience.
• Possess a valid driver’s license.
• Must be bondable.
COMPANY BENEFITS
Clear All
0 Commercial Loan Processor jobs found in Kennewick, WA area